Why Alibaba is the giant Australian retailers should really be worried about
Forget Amazon: Alibaba is the resource and data-hungry retail giant we should all be keeping a careful eye on, explains Transform’s Ian Pocock.
With Alibaba opening its first office in Australia earlier this year, and Amazon launching just a few weeks ago, it’s easy to see why retailers are shaking in their stores.
Even the country’s largest traditional retailers have their concerns about the ecommerce giants wading into their sector and eating up that all important market share.
However, while at the moment Amazon is the talk of the town, it’s far more likely that Alibaba will have the most impact on retailers in Australia.